NITRO PROGRAMME (RF) LIMITED - N8A25 N8B30 - Notification of Full and Partial Capital Reductions of Listed Debt Securities

N8A25 N8B30 - Notification of Full and Partial Capital Reductions of Listed Debt Securities

Nitro Programme (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2018/453364/06)
Company code: NTPI
LEI: 3789009AE068A5525397
Bond Code: N8A25        ISIN: ZAG000211053
Bond Code: N8B30        ISIN: ZAG000211111
(Nitro Programme or the Issuer)

NOTIFICATION OF FULL AND PARTIAL CAPITAL REDUCTIONS OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Nitro Programme's ZAR 6 000 000 000.00 Asset
Backed Securities Programme dated 21 November 2024 (the Programme), noteholders are herewith
advised of the full and partial capital reductions of the N8A25 and N8B30 notes (the notes).

Bond Code:                      N8A25
ISIN:                           ZAG000211053
Amount before reduction:        R49 170 000.00
Reduction amount:               R49 170 000.00
Amount after reduction:         R0.00

Bond Code:                      N8B30
ISIN:                           ZAG000211111
Amount before reduction:        R1 410 000 000.00
Reduction amount:               R118 170 000.00
Amount after reduction:         R1 291 830 000.00

Record date:                    19 September 2025
Effective and pay date:         22 September 2025

These full and partial capital reductions are due to the early redemption of the notes by the Issuer and
is in line with the terms and conditions set out in the Programme.

12 September 2025

Debt sponsor
FirstRand Bank Limited

Date: 12-09-2025 09:15:00
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